Reply to post: Re: Wouldn't this be a SOXX issue too?

Autonomy ex-CFO Hussain guilty of fraud: He cooked the books amid $11bn HP gobble

Anonymous Coward
Anonymous Coward

Re: Wouldn't this be a SOXX issue too?

I find it hard to believe that something that rises to the level of this type of fraud would not be illegal in the eyes of both the SFO (UK) and the SEC (US). We're not talking about tiny little differences between IFRS15 and GAAP here. Makes me very curious about what happened at the Serious Fraud Office.

Equally I find it bizarre that HPE's auditors didn't smell a rat during due diligence. Something's really not quite right there.

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